The Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncerta...

Evanston, Illinois has approved a new guaranteed income expansion program delivering automatic $500 monthly payments to 102 low income hous...

West Bengal's long-standing political clashes with the central government over welfare schemes are set to change. With the BJP now in power...

What looked like a light-hearted campaign moment during PM Narendra Modi’s West Bengal trail has now turned into a major fiscal concern aft...

Speculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...

The Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...

India’s state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fi...

Global brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...

While India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...

India is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...

The IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...

Union Minister for Chemicals and Fertilizers D V Sadananda Gowda on Tuesday said the government is eager for implementation of direct cash ...

Aruna Roy today sought to pick holes in the UPA government's decision on cash-for-subsidy scheme alleging it will not wipe out corruption.

"I would request you to get down to the immediate task of operationalising DCT in the identified schemes in your Department," said Pulok Ch...

An Odisha minister today dubbed as impractical direct electronic cash transfer of subsidies to beneficiaries in backward regions.

When the PM launched a unique identity-based service delivery mechanism, it marked the beginning of a revolution in administration of welfa...

The system of subsidies is crumbling, resulting in losses from storage, waste, theft, and in the case of oil subsidies, funding a pan-India...